Hello, cardholders purchase goods on Taobao Market (www.taobao.com) and Tmall (www.tmall.com). If the product contains the "installment support logo", then When the product amount (amount range: 600-20,000 yuan) meets the installment requirements, you can pay in installments. After installment, repay the bill amount in full every month before the due date of the bill, without interest. However, there is a handling fee. The handling fee is 3.90% for 3 periods, 4.90% for 6 periods, and 6.50% for 12 periods. The handling fee is added to the product price and divided into corresponding periods. That is, you browse the products through the merchant website, confirm the products you want to purchase, and then select When paying in installments, the displayed installment purchase price is the sum of the original price of the product and the handling fee. The handling fee will be repaid in installments together with the product price. The "handling fee" item will no longer appear separately in the credit card bill. After successfully applying for installment, the total amount of the installment products will all occupy your fixed amount, but you only need to repay the single installment amount on time every month. Happy shopping!

If you have other questions, please open the China Merchants Bank homepage www.cmbchina.com and click "Online Customer Service" in the upper right corner to enter the consultation.